Industrial N Illinois

Liberty Property Trust leasing activity nears 1.5MSQF

Liberty Property Trust announced its year-to-date in its Chicago portfolio totals about 1.5 million square feet.

“Demand continues for quality industrial space in the Chicago area, particularly in and around the intermodals, as our tenants continue to advance the efficiency of their supply chains,” said Neal Driscoll, vice president and market officer for Liberty.

New lease transactions Liberty arranged include:

A 352,338-square-foot lease at 150 East Crossroads in Bolingbrook, Illinois;

a 78,865-square-feet lease for Office Depot at 1550 Central Avenue in Roselle, Illinois;

a 39,865-square-foot lease for Morrison Express and a 27,357-square-foot lease for Hassett Express at 371 Meyer Road in Bensonville, Illinois;

a 31,191-square-foot lease for Windy Polymers at 3710 Illinois Avenue;

a 5,000-square-foot lease for Accurate Combustion at 3654-3668 Swenson Avenue; and

a 12,678-square-foot lease for Armour Packaging at 869 South Route 53 in Addison, Illinois.

Lease renewals Liberty arranged include:

A 213,000-square-foot lease for NFI at 27143 Elwood International Road;

a 253,810-square-foot lease for D & H Distributing at 1455 Remington Boulevard in Bolingbrook, Illinois;

a 182,736-square-foot lease for XPO Logistics Worldwide at 2759 North Eola Road in Aurora, Illinois;

a 181,635-square-foot lease for SID Tool Company at 1575 Hunter Road in Hanover Park, Illinois; and

a 124,205-square-foot lease for CHEP at 2453 Prospect Drive in Aurora, Illinois.

Liberty Property Trust owns 47 buildings and offers about 12 million square feet of space in Chicago and nearby areas.